Which of the Following Best Represents a Field Within a Database

question 4

Multiple Choice

Which of the following best represents a field within a database?

• A)anything outside the company laboratory
• B)a database record
• C)records within customer names
• D)customer names within a record
• E)a data mine

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Definitions:

Third-Degree Price Discrimination

A pricing strategy where a seller charges different prices to different consumer groups for the same product or service, based on varying demand elasticities.

Third-Degree Price Discrimination

A pricing strategy where a seller charges different prices to different consumer groups based on their elasticity of demand.

Profits Maximization

Aiming to achieve the highest possible profits through decision-making related to business operations and finance.

Price Elasticity

A measure of how much the demand for a good or service changes in response to a change in its price.